Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits. Dogecoin Price Eyes Rally Above $10 Based on These Fibonacci Extensions In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.” Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior. He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target. Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74. Market Cap Doesn’t Matter For DOGE A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly. At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Dogecoin (DOGE) is back in focus as long-term chart structures continue to signal sustained bullish potential. While recent monthly price action has remained muted, a crypto analyst maintains that the meme coin’s broader technical trend has not been compromised. The analyst has projected that DOGE could eventually rally toward a long-term move beyond the $10 level. Dogecoin Bullish Structure Points Toward $10 On December 31, crypto market expert Olivier D Maximus posted on X that Dogecoin remains structurally bullish and could eventually cross $10. He noted that although price action has been slow and unimpressive, DOGE’s bullish framework continues to favor higher valuations in the long term. Related Reading: 7-Period Fractal Trend Says Dogecoin Price Is Headed To $10 He shared a new detailed chart analysis, indicating that DOGE’s monthly close generated little short-term excitement. However, he emphasized that the broader bullish framework remains intact, with attention now turning to what January may bring as the next decisive phase. Maximus pointed out that long-term structures often move quietly before big gains, and Dogecoin appears to be following this pattern. He stressed that patience is required when analyzing higher time frames, as monthly charts tend to capture macro trends rather than immediate volatility. In his view, the current consolidation does not invalidate Dogecoin’s upside thesis. The analyst’s chart showed Dogecoin trading within a clearly defined Ascending Channel that has held for several years. The meme coin’s price remains above the long-term rising support zone, reflecting higher lows over time. Additionally, multiple diagonal trend lines show that DOGE’s price has repeatedly corrected toward mid-channel support before resuming upward movement. These pullbacks appear controlled, reinforcing the possibility of a healthy long-term uptrend. Maximus has also spotlighted several ATH levels he expects Dogecoin to reach over time. The ascending channel seen on the chart points toward potential targets above $12, extending as high as $25. Moreover, the analyst has suggested that if Dogecoin maintains its structural integrity, future trends could push the meme coin into double-digit territory, making a surge from under $1 to $10 technically plausible. DOGE Enters Make Or Break Zone In 2026 In a separate X post, crypto analyst Trader Tardigrade revealed that the Dogecoin price is currently trading within a Descending Triangle, with the price sitting at the tip of the pattern around $0.122. This level has been highlighted as a potential make-or-break point where a pullback or surge could determine Dogecoin’s next big move. Related Reading: What The Rise In Open Interest Means For The Dogecoin Price If price breaks above the upper boundary of the Descending Triangle, Trader Tardigrade predicts that Dogecoin could experience a breakout to the upside. He has set a target of around $0.132, representing a surge of approximately 8.2% from the current price level. On the other hand, if DOGE breaks below the lower boundary of the triangle, the meme coin could tumble further toward $0.116, representing a roughly 4.9% crash. Featured image from Getty Images, chart from Tradingview.com
Dogecoin whales are now back in the spotlight as recent on-chain metrics reveal a major move involving hundreds of millions of DOGE. The latest data shows 440 million DOGE being offloaded as selling pressures intensify. Amidst this sharp decline in whale holdings, the meme coin’s price has experienced significant volatility, falling to $0.18 after recording weeks-long losses. Dogecoin Whales Trim DOGE Holdings En Masse According to on-chain data from crypto analytics platform Santiment, wallets holding between 10,000,000 and 100,000,000 DOGE have sold off roughly 440 million tokens within 72 hours. This large-scale distribution marks one of the most significant short-term liquidations from mid-level whale wallets in recent weeks. Related Reading: Dogecoin Open Interest Crashes 50% From October Highs, Volume Is Worse, What’s Going On? Notably, on Thursday, October 29, these wallets accounted for approximately 15.51% of the total DOGE supply, but that figure dropped to 15.31% the following day. Moreover, it declined again on October 31 to 15.17%, and now stands at a low of 15.15%, at the time of writing. As whales abruptly reduced their exposure, the market also responded quickly. Data from CoinMarketCap shows that Dogecoin’s price plummeted about 5.76% this last week, following its 27% crash over the past month. As selling pressure increases for Dogecoin, Santiment’s data further reveals that whale transaction counts for holders managing DOGE worth $100,000 and above spiked to 119 transactions on October 30, before plunging to 15 at the time of writing. This sharp decline suggests a rapid transition from distribution to dormancy among short-term high-volume traders. Interestingly, there have been signs of a redistribution, indicating that not all large holders are exiting the market. Santiment reports that whales with holdings exceeding 100,000,000 DOGE have increased their balances from 19.28% to 19.46% over the same period, implying accumulation from even larger players. Meanwhile, investors with holdings between 100,000 and 10,000,000 DOGE have maintained a steady position, signaling a neutral stance amid market uncertainty. Analysts Eye $0.33 And Beyond As Technical Patterns Align Despite widespread whale dumping, analysts remain optimistic about Dogecoin’s medium to long-term price trajectory. Crypto market expert Ali Martinez identified Dogecoin’s current price at $0.18 as a critical support level. Based on his analysis, maintaining this price floor could spark a recovery wave targeting $0.26 and potentially $0.33. His chart illustrating Dogecoin’s ongoing consolidation within an Ascending Channel highlights a potential upward break aligning with previous recovery phases. Related Reading: Dogecoin Price Resurrection To $0.5 Could Be Imminent If This Level Breaks Adding to the bullish outlook, Bitcoinsensus has released a long-term projection, suggesting an explosive continuation of DOGE’s cyclical uptrend. The analysis compares past rallies, showing gains of 300% and 500%, and now points toward a potential 800% surge that could propel the meme coin to approximately $1.70 in the current market cycle. The accompanying chart reflects a pattern of expanding momentum phases, supported by ascending trendlines from 2023. Featured image from Getty Images, chart from Tradingview.com
Solana (SOL) is presently priced around $186, after a rather turbulent display in the past week. While the leading altcoin notably showed a significantly volatile price action, bearish sentiments reigned supreme, resulting in a net 4.37% loss. Interestingly, popular expert Ali Martinez has highlighted a critical price level for Solana investors’ attention amid the current market uncertainty. Related Reading: Bitwise CIO Calls Solana An ‘Explosive’ Two-Way Bet: Here’s Why Bitwise Chief Investment Office To Fly Or Crash? Solana Future Rests On Key Price Point In a recent X post, Martinez dives into the present Solana market structure, highlighting several potential developments tied to the $180 price level. Notably, the daily chart reveals that Solana has been strictly trading in an ascending channel since May 2025, with zero deviations recorded. Importantly, the altcoin has been moving near the lower boundary of this channel, currently around $180, which acts as a pivotal support. This price point also aligns with the 200-day simple moving average, thereby reinforcing its validity. Furthermore, on-chain data from the leading analytics platform Glassnode shows that 24.5 million SOL were purchased at this level, reflecting a high market demand that will likely prevent further price incursion upon a retest. Looking at Martinez’s analysis, a consistent price hold above $180 retains the validity of the ascending channel and presents a setup for a potential price gain to $230, with further price targets at $290. However, if an overwhelming bearish pressure pushes Solana below $180, investors can expect a further decline to around $115, while a potential crash to $50 is also feasible. Therefore, Solana’s behavior at $180 presents a possible 56% gain or 72% loss from current market prices. Related Reading: Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis Solana Market Overview At press time, Solana (SOL) is trading at $185, up 4.57% over the past 24 hours. Despite the daily rebound, its monthly performance remains negative, with a 14.27% decline highlighting the broader weakness seen in the last week. In a notable development, Bitwise launched the first-ever Solana Spot ETF on the New York Stock Exchange (NYSE) this week, marking a major milestone for altcoins. The achievement was quickly followed by Grayscale, which introduced its own Grayscale Solana Trust, further signaling growing institutional interest in Solana. This week’s events represent a significant step toward broadening institutional access to Solana and other altcoins, paving the way for deeper market participation beyond Bitcoin and Ethereum. According to SoSoValue data, the two newly launched ETFs have already attracted strong demand, recording $154.73 million in net inflows and $439.97 million in net assets within the first three trading days. Meanwhile, several other Solana-linked ETFs are reportedly in the pipeline, including the Canary Solana ETF, VanEck Solana Trust, and CoinShares Solana ETF, all currently awaiting SEC approval. Featured image from iStock, chart from Tradingview
The Dogecoin price has been experiencing severe volatility and extended periods of sideways trading in recent weeks. However, seasoned analysts suggest that there’s little reason to panic. Beneath the short-term turbulence lies a long-term structure that experts believe could set the stage for a major price breakout. They suggest that the broader technical picture paints a bullish narrative, one that could eventually drive DOGE above $1 once momentum resumes. Long-Term Accumulation Signal Dogecoin Price Next Bull Run According to a technical analysis presented by crypto analyst EtherNasyonal on X social media this week, the Dogecoin price is preparing for a major bull run above $1. He explained that the DOGE’s price action remains within a powerful long-term Ascending Channel, maintaining structural integrity despite ongoing price fluctuations. His analysis of the monthly chart reveals that the meme coin has been establishing a multi-year accumulation base, similar to the patterns formed before its explosive rallies in 2017 and 2021. Related Reading: Why The Dogecoin Price Is At Risk Of Another 10% Crash EtherNasyonal highlights that momentum is quietly building above key support levels, indicating that the next expansion phase could be forming. The chart illustrates that Dogecoin, which has been trading within a rising parallel channel since 2014, is currently consolidating around the lower boundary near $0.18. Historically, each time Dogecoin has completed a similar descending pattern within this structure, it has initiated a parabolic move upward. The previous breakout propelled the meme coin by several thousand percent, lifting it from fractions of a cent to all-time highs above $0.70. Dogecoin’s current chart setup suggests a repeat of this bullish behavior. A large, rounded base pattern is visible between 2022 and 2024, reflecting steady accumulation and a potentially decreasing selling pressure. EtherNasyonal’s projection targets the upper midline of the Ascending Channel, potentially above $1, if historical patterns play out as expected. Dogecoin False Breakdown Hints At Potential Reversal On shorter timeframes, crypto analyst Trader Tardigrade provides additional context to Dogecoin’s current price action. His 4-hour chart highlights a “false breakout” followed by a “false breakdown.” Dogecoin initially broke above resistance near $0.206 but failed to hold, retracing sharply to retest the lower boundary around $0.178. Related Reading: Dogecoin Price Macro Target Remains Above $2, And The Market Crash Hasn’t Changed It This quick reversal pattern, marked by aggressive selling followed by a swift rebound, often precedes a recovery move back toward former resistance levels. Trader Tardigrade’s chart structure indicates that the breakdown beneath the horizontal support level was short-lived, with buyers likely stepping in to absorb liquidity and push prices upward. The chart setup suggests that DOGE could soon reclaim the $0.20 – $0.21 region as the next target zone from its current price of $0.18. If the bounce continues and momentum aligns with the broader monthly structure, this could serve as the first leg of a sustained uptrend. Featured image from Getty Images, chart from Tradingview.com
The Chainlink (LINK) market has experienced a significant uplift in the last week as prices grew by 7.64%. In line with the general crypto market, the altcoin produced a modest rebound from the deep correction levels seen in mid-October. Amid this price action, renowned market analyst Ali Martinez has shared a developing bullish pattern that suggests more profits ahead. Related Reading: Ethereum Rebounds From Bull Market Support: Can It Conquer The ‘Golden Pocket’ Next? Buy The Dip At $15 – Here’s Why In a recent X post on October 25, Martinez postulated that LINK could be gearing up for a major rally, with technical indicators hinting at an incoming bullish opportunity. In analyzing the LINKUSDT daily chart, investors may have a chance to notch a 300% gain in the coming months. Based on the chart analysis presented by Martinez, LINK is trading within a broad ascending parallel channel that has defined its market behavior since mid-2023. Notably, the altcoin last bounced off the lower boundary of this channel in June 2025 to trade as high as $28.00, before descending to current market prices around $18.00. Martinez anticipates that LINK will complete its ongoing decline by revisiting the channel’s lower boundary, with the $15.00 zone, which aligns with the 0.618 Fibonacci retracement level, serving as the key area of interest. The analyst identifies $15.00 as a strong accumulation zone, advising investors to consider buying at that level. From there, LINK is expected to stage a recovery toward the upper boundary of the channel. However, Martinez cautions that the token could face interim resistance around $20.04, corresponding to the 0.786 Fibonacci level, which may trigger a brief pullback to $18.00 before a potential breakout rally. If this setup unfolds as projected, LINK could surge toward the $46.31 mark, matching the 1.272 Fibonacci extension, representing an upside of roughly 300% gain from the expected accumulation point. Related Reading: BTC Trapped In Tight Range: Liquidity Heatmap Shows Key Price Points At $115K, 106K LINK Market Overview At the time of writing, LINK trades at $18.21, reflecting a slight 2.41% gain in the past day. Meanwhile, the token’s daily trading volume has declined by 43.38% and is valuedat around $366 million. Looking at its monthly chart, LINK remains down by 11.05% despite the modest recovery seen in the last week, signaling that the token still needs further upside to fully reverse its recent losses and bring most new investors back into profit. With a market cap of $12.35 billion, LINK continues to hold its position as the twelfth largest cryptocurrency in the market. Featured image from iStock, chart from Tradingview
Solana (SOL) has emerged as a major headliner following an impressive 20.89% gain over the last week. Solana’s price now sits comfortably within the $240 price range and is only 18.05% away from its present all-time high at $294. Interestingly, renowned market expert Ali Martinez has noted a positive effect of SOL’s recent price surge, which points to a sustained price rally. Related Reading: Analyst Sets Bold $1,314 Target For Solana After Cup-And-Handle Breakout SOL Surges Above Key $205 Resistance: Fibonacci Levels Point Toward $362 In an X post on September 13, Martinez shares an in-depth technical analysis of the Solana price structure, which shows significant potential for a prolonged uptrend. Notably, SOL’s price gain from last week resulted in a breakout from a key ascending triangle formation, signaling strong bullish momentum that projects to higher mid-term targets. Looking at the chart below, the latest price surge effectively lifted Solana above the multi-month resistance zone near $205, where price had consolidated between April and August. It is clearly observed that breaking above this resistance, combined with the sustained higher lows that formed the ascending triangle, points to a classic bullish continuation pattern. Notably, the introduction of the Fibonacci extension levels provides more insight into the bullish potential of this recent breakout. The immediate price target presently lies at the 1.272 Fibonacci extension around $250, followed by the 1.414 extension near $277. However, if momentum continues, Solana could reach further upside levels, around $321 (1.618 extension) and the ultimate mid-term target at $362, which corresponds with the 1.786 extension. On the downside, the $205 breakout zone now serves as critical support. Holding above this level is crucial to maintaining the bullish outlook, as a decisive break below it could open the door for a retest of lower Fibonacci retracement zones, particularly around $176 or $156. However, the rising trendline that has supported price action since April adds another layer of structural support for bulls. Related Reading: Bitcoin Flips Key Support, Bulls Now Target $117,000 Solana Price Outlook At the time of writing, Solana is trading at $246, reflecting a modest 1.67% gain over the past 24 hours. However, trading volume has declined sharply by 27.53%, currently standing at $7.49 billion. According to analysts at Coincodex, investor sentiment toward Solana remains broadly bullish, even as the Greed & Fear Index sits at a neutral 52. Their short-term outlook suggests limited price movement, with the asset projected to remain around $247 for the next month. Looking further ahead, analysts expect Solana to climb to $264 over the next three months, highlighting steady but moderate growth expectations. Nevertheless, with a market cap of $131.65 billion, Solana continues to rank as the fifth-largest cryptocurrency in the world. Featured image from Forbes, chart from Tradingview
Amidst a bullish crypto market, Dogecoin (DOGE) prices have surged by nearly 7% in the last day, crossing the $0.280 price margin. Interestingly, prominent market analyst Ali Martinez is tipping the altcoin for much larger gains ahead after stating the market presently remains in a “Buy Zone”. Related Reading: Dogecoin Breaks Out, Eyes Historic Surge Between $0.41–$0.97 – What To Expect Chart Signals Dogecoin Ready For Next Parabolic Rally On Friday, Ali Martinez shared on X that Dogecoin has re-entered what is a major “buy zone,” with technical patterns suggesting the popular meme coin is on the verge of a sharp breakout. A long-term ascending channel chart, shared by Martinez, highlights how DOGE has consistently bounced from a rising support band, each time triggering parabolic rallies that stunned the market. Notably, these dramatic price surges were seen in 2017, 2021, and again in 2023–2024. For instance, the 2017 breakout saw DOGE soar by more than 9,400%, while the 2021 move produced an even more staggering 13,000% rally, propelling prices above $0.70. More recently, the bounce from the lower channel in late 2023 fueled a more modest but still impressive 240% gain. Currently, Dogecoin sits around $0.28, hugging the lower support band once again. This positioning suggests that, according to the historical trend, DOGE is in a favorable accumulation zone, potentially setting up for its next major upward move. With broader crypto markets stabilizing and altcoins regaining momentum, Dogecoin could once again leverage its historic cyclical behavior to produce another massive price surge. Notably, a sustained breakout above $0.340, the most recent local high, would be the first confirmation of renewed bullish momentum. From there, the growth channel suggests upside targets could extend well beyond $1. However, Dogecoin could also remain in consolidation if Bitcoin dominance rises or perhaps the current capital flowing into altcoins thins out. But the repeating chart structure adds weight to the view that DOGE is closer to the beginning, not the end, of its bullish phase. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? Dogecoin Market Outlook At press time, Dogecoin continues to trade at $0.281 as earlier stated, following gains of 6.75% in the past 24 hours. Meanwhile, the asset’s trading volume is up by 14.63% and valued at 4.76 billion. On higher timeframes, the price trend remains firmly positive as DOGE is up 28.28% on the weekly chart and 12.67% over the past month, underscoring sustained momentum beyond the short-term rally. Interestingly, Coincodex analysts are also presenting a bullish DOGE case, albeit from a conservative angle, projecting a $0.31 price valuation in the next month. Featured image from Reuters, chart from Tradingview
The Bitcoin (BTC) market registered an impressive 4% price bounce on Friday, following dovish policy comments by US Federal Reserve Chairman Jerome Powell. The premier cryptocurrency now trades above $116,000, nullifying earlier losses seen in the past week. Interestingly, prominent market analyst Tony “The Bull” Severino has outlined the implications of this price rebound regarding the BTC price trajectory. Related Reading: Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over? Bitcoin’s Latest Bounce Revives Bullish Momentum – Price Targets To Watch In an X post on August 22, Severino explains that Bitcoin showed resilience in its price recovery on Friday by bouncing off the lower boundary of a long-standing ascending channel, tagged as the “Wall of Worry.” Notably, this lower boundary has acted as a key support zone for the leading cryptocurrency, stretching as far back as November 2023. Following each bounce off this support, Bitcoin has popularly reached the upper boundary, raising many expectations of a price surge at this moment. According to the channel analysis, Severino shows that the immediate technical target lies at the median line around $144,000, representing a roughly 24% advance from current levels. Interestingly, should bullish momentum persist, the next major resistance zone would align near the upper boundary of the channel at $183,000. However, a decisive break below the ascending channel would invalidate the bullish structure, potentially triggering a broader retracement toward the $95,000–$100,000 region. Related Reading: When Will Bitcoin Bottom Out? This Could Be The Signal To Watch Bitcoin Market Outlook At the time of writing, Bitcoin trades at $115,641, reflecting a 3.21% gain in the last 24 hours. This positive performance is accompanied by a 38.78% gain in daily trading volume, currently valued at $80.33 billion. However, losses of 1.76% and 1.94% on the weekly and monthly charts indicate that new market entrants are yet to break even. Meanwhile, crypto analyst Jordan Pivato is predicting the current market cycle to peak on October 21, 2025. This projection is based on historical data showing that Bitcoin cycles tend to extend slightly longer with each iteration. While the previous cycle lasted 548 days, Pivato estimates the ongoing one will span 550 days, placing the top in late October. He further points to Bitcoin’s strong seasonal performance in October as additional support for his call. Historically, October has been Bitcoin’s most bullish month, logging gains in six of the past twelve years and recording just two losing Octobers in that period. On average, Bitcoin has delivered a 46.72% monthly gain in October, with a median increase of 10.82%, making it the most favorable month in the calendar year for BTC performance. Featured image from iStock, chart from Tradingview
The Boss, a crypto analyst, recently noted on a X post that Litecoin (LTC) is firmly holding its long-term upward trend that began back in 2020. According to his analysis, LTC has consistently bounced off this key ascending trendline, highlighting its ongoing relevance in the current market structure. As price action continues to respect this support, The Boss points out that the next crucial zones to watch are the yellow lines representing potential resistance areas marked by Fibonacci levels that could shape LTC’s next major move. Positive Technical Indicators In his analysis, The Boss stated that Litecoin’s momentum is strengthening, as reflected by the RSI (Relative Strength Index), which is currently around 64. This level also indicates growing buying strength in the market, suggesting that bulls are gradually gaining control and pushing prices higher without yet hitting overbought conditions. Related Reading: Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs Moving on to momentum indicators, the Boss explained that the MACD is trading in positive territory and has experienced a recent bullish crossover. This signal reinforces the rising momentum seen in Litecoin’s price action and the potential continuation of the existing trend if buyers maintain pressure. Additionally, Moving Averages (MA) are working in Litecoin’s favor. The Boss explained that $LTC is trading above both short- and long-term moving averages, particularly holding above the 50-day and 200-day MAs, which further supports the bullish outlook. These moving averages are critical support levels, and staying above them often attracts more bullish interest. Looking ahead, Fibonacci Zones provide key technical targets. The analyst emphasized that the $100 – $112 range remains a key technical resistance zone. A breakout above this level could open the path toward higher yellow-line targets, which are the next logical price areas to watch if momentum continues. Channeling Strength: LTC Holds Its Bullish Structure The Boss, in his structural analysis of Litecoin, noted that the price of LTC has remained within a well-defined ascending channel that has been in place since 2020. This long-term trendline has repeatedly acted as a strong support level, providing a foundation for upward moves. Related Reading: Litecoin Price Crosses $110 Level After 20% Rally — What’s Next For LTC? As long as LTC stays above this trendline, The Boss maintains a bullish mid-to-long-term outlook. This suggests that the overall trend remains intact, with potential for further gains if the price continues to respect this channel. In summary, The Boss maintains a bullish stance, underpinned by a combination of positive RSI and MACD signals, strong support from major moving averages, and clear resistance zones. He suggests that a push through the $100 – $112 range could trigger a larger upward move for Litecoin, taking aim at those higher yellow-line targets on the chart. Featured image from iStock, chart from Tradingview.com
Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% rally from its current level. He highlighted an ascending channel that the foremost meme coin needs to break above to witness this massive uptrend. Dogecoin Price Eyes 60% Rally To $0.4 In a TradingView post, MMBTtrader predicted that the Dogecoin price could rally to as high as $0.4 once it breaks above the ascending channel at around $0.243. He claimed that with good volume, the market will pump nonstop. The analyst is confident that this will happen, declaring that the breakout will be huge and that a 60% rally is a likely target. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle MMBTtrader also stated that the market would be extremely bullish if the Dogecoin price should rally to this $0.4 target. He predicted that the $0.75 and $1 price levels will be in sight once DOGE reaches $0.4. A rally to these $0.75 and $1 targets would mark new all-time highs (ATHs) for the leading meme coin. DOGE has sometimes lagged behind other meme coins. However, the crypto analyst expects the Dogecoin price to pump massively this time and be “a leader of memes for weeks.” The meme coin looks to be already leading the way, standing out as one of the top gainers during the current crypto market rally. The Dogecoin price has broken above the psychological $0.2 level and looks ready to reach new highs in the coming weeks, with a break above the $0.42 level, MMBTtrader highlighted. Fundamentals, such as the potential launch of Dogecoin ETFs, could serve as a tailwind for higher prices. Bloomberg analysts James Seyffart and Eric Balchunas predict there is a 90% chance the SEC will approve these funds this year. Only A Matter Of Time For DOGE In an X post, crypto analyst Kevin Capital remarked that it is only a matter of time before the Dogecoin price makes its move back up to between $0.28 and $0.30 and then “well beyond.” He added that as long as the Bitcoin price holds up and continues to show strength, this move for DOGE should come sooner rather than later. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Crypto analyst Trader Tardigrade revealed that the DOGE/BTC pair has formed a Cup-and-Handle pattern and broken out of the trendline. He had noted that this bullish pattern suggests that the meme coin may outperform the flagship crypto. The analyst added that the Dogecoin price has gained strong momentum. This recent analysis echoes an earlier prediction, when Trader Tardigrade also stated that DOGE may soon show a God candle on its BTC pair. At the time of writing, the Dogecoin price is trading at around $0.24, up 14% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
In line with a bullish trading week, Sui (SUI) prices soared by over 20% reaching a local peak of $3.54 before experiencing a slight retracement. The prominent altcoin, which is tipped to be a major player in a potential altseason, has maintained a remarkable price performance in the present market cycle rising by 352.04% in the last year alone. Based on technical indicators, renowned market analyst Ted Pillows postulates SUI may be gearing up for parabolic rally following recent market gains. Related Reading: Ethereum Price Breaks Through 50EMA After Rejection, ETH Dominance Sees Resurgence SUI Market Structure Signals Potential Breakout In an X post on July 11, Ted Pillows shares an insightful price analysis on the SUI market identifying a series of technical signals that precedes explosive market gains. These include a well-defined price movement within a well-defined ascending channel on the weekly timeframe, combined with an imminent bullish MACD crossover. In analyzing the ascending price channel, SUI has shown a strict adherence to both resistance and support zones. Notably, a healthy correction from its previous highs near $5.00 resulted in the altcoin finding support around $2.50 before initiating another rebound. As the altcoin presently consolidates, historical data indicates a potential return to the channel upper’s boundary between $10.50 and $13.00. However, the major strength in Pillows’ bullish thesis is the MACD setup that shows an impending bullish crossover i.e. when the MACD line (white) crosses above the signal line (orange), often interpreted by traders as an early sign of trend reversal or strengthening bullish momentum. Historically, the last time a decisive bullish MACD cross occurred on the weekly chart, it induced a six-month rally that delivered over 400% in gains. Going by this precedent, SUI bulls may be eying a potential price target of $13.76 by end of 2025. Related Reading: SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold? SUI Market Overview At the time of writing, SUI trades at $3.42 reflecting a 1.16% decline in the past 24 hours. Meanwhile, the market trading volume is up by 17.68% and valued at $1.95 billion. On a monthly scale, SUI has recorded a marginal loss of 0.11%, suggesting that bearish forces still maintain a subtle grip on the market. Nevertheless, data from CoinMarketCap shows the Sui community remains bullish on the altcoin’s future. Contributors to this market optimism includes the potential of SUI spot ETF following applications by prominent asset managers such as Grayscale, Canary Capital and 21 Shares. Meanwhile, the potential of an altseason remains valid amidst continuous speculations by market analysts. As earlier stated, SUI’s strong price history and growing recognition places the cryptocurrency as a major frontrunner in any altcoin market run. Featured image from Nairametrics, chart from Tradingview
The XRP price may be on the verge of a significant breakout, according to a new wave count analysis combining the Elliott Wave Theory and the Wyckoff reaccumulation principles. After months of sideways trading and corrective movement, analysts have pinpointed a critical price level that could serve as a trigger point for XRP’s next leg higher. XRP Price Primed For Major Lift-Off From This Level A new analysis published by crypto analyst the ‘Charting Prodigy’ on X (formerly Twitter) suggests that the XRP price is following a clear Elliott Wave structure that began forming after the April lows this year. The price has completed Wave 1 of a new impulse cycle, followed by a WXY corrective Wave 2. Related Reading: XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why Recent price action also indicates that XRP is now entering sub-wave 3 of Macro Wave 5, which is typically the most powerful and extended wave in the cycle. The standout detail of Charting Prodigy’s analysis is the identified trigger level at $2.56. According to the expert’s analysis, a confirmed breakout above this critical trigger point could signal the start of a rapid markup phase, potentially propelling XRP toward the $2.9 to $3.4 range. The significance of this bullish target is supported by not only the Elliott Wave analysis but also the Wyckoff reaccumulation, Fibonacci extension targets, and the emergence of a bullish divergence forming on the Moving Average Convergence Divergence (MACD). Notably, the analyst points to a classic Wyckoff accumulation structure taking shape on the XRP price chart. He identified key phases such as Preliminary Support (PSY), Automatic Rally (AR), and Secondary Test (ST). The structure also included a “spring” phase and, most recently, a Last Point of Support (LPS). The emergence of these Wyckoff elements suggests that XRP has completed its reaccumulation and has entered the aforementioned markup phase, where price tends to go parabolic. The combination of these technical indicators and chart patterns also indicates that $2.65 is the level to watch as XRP makes its way up to price levels close to its former ATH. XRP Set For Double-Digit Target In 2 Weeks According to a new chart analysis by crypto analyst Egrag Crypto, XRP may be on the verge of a historic breakout. Presenting a 2-week price chart, the analyst highlights a macro bullish formation that could push XRP into double-digit territory—targeting $10, $18, $27, and even a whopping $55 in the months ahead. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto’s chart draws attention to a long-standing macro ascending channel that XRP has respected since 2016. Past breakouts from similar setups have historically delivered exponential gains for the cryptocurrency. The key trigger, according to the analysis, is a decisive move above the 21-week timeframe. This same signal preceded XRP’s explosive rally in 2017 when it surged from under 1 cent to an all-time high of $3.84. Notably, the analysis emphasizes the importance of remaining within this macro ascending channel, indicating that as long as the lower trendline holds and the 21 EMA is breached, XRP’s bullish case remains intact. Featured image from Getty Images, chart from Tradingview.com
A new Bitcoin price analysis confirms that the flagship cryptocurrency is still in a bullish trend after its recent bounce off a key re-accumulation zone. With key structural support levels intact and a bullish AB=CD pattern unfolding, analysts are now eyeing a potential surge above $120,000, marking a new all-time high. Bitcoin Price Targets $122,000 After AB=CD Completion According to a technical analysis report by TradingView crypto analyst Weslad, Bitcoin is accurately following a well-defined bullish trajectory, potentially paving the way for a surge to $122,000. With BTC now priced at $109,747 at the time of writing, reaching this ATH target would represent an 11.17% increase from current levels. Related Reading: Crypto Analyst Puts Bitcoin Price At $120,000 If This Range Breakout Happens This optimistic forecast comes on the heels of an accurate AB=CD pattern on the BTC chart—-a harmonic structure that previously hinted at significant upside potential. Notably, the Bitcoin price has since retraced into a key re-accumulation zone between $104,000 and $107,000 — a move the analyst described as a healthy correction rather than a reversal. Weslad has disclosed that the present re-accumulation zone is a price range where buyers are believed to be stepping in again. As long as Bitcoin stays within or above this zone, the analyst asserts that its market will remain bullish. Currently, Bitcoin is trading well-above the crucial psychological support of $100,000, reinforcing its bullish position. The broader market structure also remains intact within an Ascending Channel, supported by higher timeframe demand zones. According to Weslad’s analysis, if Bitcoin can firmly hold its price within the $104,000 – $107,000 range, the cryptocurrency could see a significant increase to the 2.618 Fibonacci Extension level near $122,000. Adding to this bullish case, a breakout above the $112,000 resistance is also needed to confirm the next leg of this move, marking a potentially stronger and larger upside momentum. BTC Set For Major Pullback Before Breakout As the Bitcoin price approaches the local resistance around $111,000, Weslad warns that the market may face a temporary hurdle before the continuation of the projected uptrend. The TradingView analyst notes that if price action is rejected at this resistance level, traders should anticipate a potential re-test of the $107,000 – $108,000 region. Related Reading: Bitcoin Top Indicator Says It’s Not Over Yet As Parabola Signals Fail This area has served as a reliable barrier during the recent consolidation phase and is expected to hold firm in the event of a minor correction. Most recently, Weslad affirmed that this anticipated corrective move has already concluded, signaling that the market is now poised for the “real growth phase.” With the base demand zone around $86,000 – $91,000 and strong support around $96,000 – $99,000, Bitcoin’s overall structure remains bullish unless a decisive breakdown below $100,000 occurs. Until then, all eyes remain on the $112,000 breakout level, which could trigger a potential surge toward the projected $122,000 target. Featured image from Getty Images, chart from Tradingview.com
Dogecoin’s recent price action has taken a noticeably bullish turn, with the meme coin bouncing off support at the beginning of the week and steadily building upward momentum. Over the past few days, Dogecoin has been on the path to reclaiming the $0.25 level after rebounding from a low near $0.215. This upward move coincides with Bitcoin’s surge to new all-time highs, which has helped to inject new confidence across the broader crypto market. Notably, technical analysis of the Dogecoin/TetherUS pair on the daily candlestick timeframe shows that the meme coin’s price has now flipped into an ascending channel headed for at least $0.3. Dogecoin Confirms Bullish Breakout As Trendline Crumbles According to a technical analysis posted on the TradingView platform by crypto analyst Melika, Dogecoin has bounced on through a long-standing bearish trendline that had acted as a major resistance in April. This breakout is a by a clear validation of an ascending channel that has formed since late April. Related Reading: Dogecoin Falling Wedge Breakout Puts Bulls In Charge, Target Moves Up To $0.62 The breakout indicates a full transition from bearish pressure into a bullish environment, with the price structure now leaning heavily in favor of the bulls. In this case, Dogecoin is now on the path to continue its uptrend from its $0.13 bottom on April 7, and the next target is to reach the top of the ascending channel. A critical aspect of this breakout is the reaction from the midline of the channel, which Dogecoin respected with precision before climbing again. The coin also retested the demand block between $0.1950 and $0.2150 earlier in the week. The failure to break below shows that this region has now turned into a strong structural support moving forward. As long as the price remains above this level, Dogecoin’s potential of reaching the top of the ascending channel is valid. What Targets Lie Ahead For Dogecoin? With momentum now on the side of the bulls, Melika’s analysis projects three critical levels that could serve as short profit zones for Dogecoin traders. The first target is $0.2530, which aligns with the swing high on May 11. If Dogecoin bulls maintain the price uptrend, the second target of $0.2750 could come into play. Interestingly, this target is located at the upper boundary of the ascending channel. Related Reading: Dogecoin Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards Beyond that lies the major horizontal resistance at $0.3035. This level is significant because it acted as a support level for Dogecoin in January. However, Dogecoin eventually went on a clean breakthrough below $0.3035 in early February, which has flipped into a zone to look out for resistance. Breaking through this area would not only signal a full recovery from the recent downtrend but also open the door to higher price levels. However, any rejection or breakdown below $0.1950 would invalidate this bullish thesis, as it would indicate a breach of both the demand zone and the channel structure. At the time of writing, Dogecoin is trading at $0.2447, up by 2% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
Following a period of intense price consolidation, the Ethereum (ETH) market experienced an eventful trading week that featured a damning rejection at the $2,100 price level which has emerged as a major resistance zone in recent times. Following this bearish development, analysts continue to speculate on the future of crypto’s largest altcoin. Related Reading: Ethereum Price Struggles—Is Another Breakdown on The Horizon? Ethereum’s $2,100 Rejection Signals Further Decline, But How Low Can ETH Go? In an X post on March 28, a prominent market expert with X username Cryptododo7 provided valuable insights on Ethereum’s potential trajectory following its latest rejection at the $2,100 price zone. Via a technical analysis of the daily ETH/USD trading chart, Cryptododo7 hints that the ETH market sentiment is currently bearish suggesting a major downside in the coming weeks. Within the last six months, Ethereum suffered a breakdown from an ascending channel stretching to 2023. This negative development was initiated by the formation of a one-year-long double top as seen between 2024-2025. For context, a double top is a bearish reversal pattern consisting of two peaks that reach a similar level i.e. $4.100 in ETH’s case, and are separated by a through resembling the letter “M”. The existence of a double-top formation since early 2025 has pushed ETH into a downward spiral during which the altcoin’s value has declined by 54% as it crashed below the lower boundary of its ascending channel. Following the latest rejection at $2,100, Ethereum seems less likely to re-discover its bullish form as its price now lingers around $1,870. According to Cryptododo7, Ethereum could undergo a sustained downtrend pointing to potential bearish targets around $1,130 – $1,200 based on the height of the now invalid ascending channel. Related Reading: XRP Price Eyes 20%v Move With Golden Pocket Appearance Ethereum Market Outlook Beyond technical indicators, the Ethereum market is being strongly influenced by Bitcoin’s market uncertainty and general macroeconomic factors. While the inauguration of US President Donald Trump marked a positive shift in US crypto policy as evidenced by the creation of the US Digital Stockpile Reserve among others, other administrative decisions on tariffs and international trade have negatively impacted the crypto market prices with investors selling their holdings in high-risk assets in fear of a global trade war. Looking forward, there is likely to be any stability on the macroeconomic front as talks of a potential economic recession continue to gain traction. At the time of writing, ETH was trading at $1,881 following a heavy 6.81% decline in the past day. ETH bulls must provide sufficient demand to break past the $2,100 to neutralize the current bearish prediction and perhaps ignite a market recovery. Featured image from Pexels, chart from Tradingview
The XRP price is gearing up for another bullish move upward, as a crypto analyst has predicted a 20% surge in the near future. This optimistic forecast is backed by the formation of a key technical pattern called the Golden Pocket and indicators including strong support levels and a critical resistance zone. Golden Pocket Signals XRP Price Surge According to TradingView analyst TehThomas, the XRP price is currently trading within a well-defined Ascending Channel, setting the stage for a potential 20% move upwards. In the 4-hour time frame, XRP has continued to respect this Ascending Channel, forming higher highs and higher lows — a key indicator of a sustained uptrend. Related Reading: XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible Interestingly, the most notable development in XRP’s price action is the appearance of a Golden Pocket on its chart. A Golden Pocket is a key Fibonacci retracement area that is often used to identify potential support and resistance levels. It represents a complete trend reversal for a cryptocurrency and a possibility of an aggressive uptrend. The TradingView analyst has revealed that XRP’s current Golden Pocket aligns with an imbalance zone, an area of unfilled liquidity where prices typically revisit before resuming movement. In the chart, XRP’s Golden Pocket sits between the 0.618 – 0.65 Fibonacci retracement level — a well-known area where the price usually finds strong support before continuing the trend. Historically, XRP has reacted twice from this key level, indicating that buyers have been actively defending this area. TehThomas has predicted that as long as the XRP price can hold above the key Fibonacci retracement level, which also acts as a critical resistance, the cryptocurrency’s bullish structure will remain unchanged. Additionally, XRP could be primed for a massive rally toward the 0.618 Fibonacci extension level, which corresponds with the upper boundary of the Ascending Channel. If this bullish momentum continues, it means that the analyst expects the XRP price to see a rally to a target between the $2.8 to – $2.9 range. This represents a 29% price increase from XRP’s current price of $2.2. Short-Term Resistance Could Trigger Decline TehThomas’s bullish outlook for the XRP price, the TradingView analyst noted that the 1-hour time frame presents short-term resistance, which could lead to a significant pullback before the next leg up. XRP recently faced a rejection at the imbalance zone, indicating that sellers are increasing activity at this level. Related Reading: XRP Open Interest Loses Over $3 Billion In 3 Months Amid Market Turmoil Previously, when the price struggled to break the imbalance zone, it highlighted a lack of liquidity to sustain a continued uptrend. A repeat of this could result in a retracement toward the Golden Pocket in the 4-hour timeframe. Notably, a confirmed breakout from the 1-hour imbalance timeframe could reinforce XRP’s bullish momentum, supporting its projected move toward upper levels of the Ascending Channel. However, a failure could shift this bullish structure, leading to a deeper correction toward lower support levels. Featured image from iStock, chart from Tradingview.com
SUI was stuck in a choppy price action in the last week, eventually recording a 2.48% loss. Just like the rest of the crypto market, the altcoin has remained largely in consolidation for the past two weeks with little indication of its next price breakout. However, amid this sideways movement, crypto analyst Ali Martinez has identified potential for some significant short-term gains. Related Reading: SUI Bulls Test Key Resistance — A Breakout Or Rejection Ahead? Staying Above $2.26 Is Key To SUI Bullish Structure In an X post on March 22, Martinez shares a positive technical analysis of the SUI market based on recent price movements on the 4-hour chart. The crypto analyst notes that SUI has been moving within an ascending channel since March 11 and is likely poised for an imminent upswing. An ascending channel is a popular bullish pattern formed by two parallel trend lines sloping upwards. Both trendlines act as resistance and support keeping an asset’s price within range. Despite this limited price movement, an ascending channel is considered bullish as it indicates a significant buyer’s influence. Based on the chart provided by Martinez, SUI has recently retested the support line of its ascending channel at $2.26 showing intentions of an uptrend. Provided that SUI suffers no sudden dip below this support, the crypto analyst projects a rise to around $2.50 representing the resistance (upper trendline) of the ascending channel. In the presence of a strong market demand, SUI could break out of this ascending channel with an immediate target of $3.0. However, any decisive price fall below $2.26 support could result in prices as low as $1.75. Related Reading: SUI Ready For 15% Move Amid Key Level Retest – Breakout Or Breakdown Ahead? SUI Market Overview The SUI community showed much excitement in the last week as Canary Capital filed an application for a SUI spot ETF with the US Securities and Exchange Commission (SEC). This move followed a trust registration for the proposed fund in Delaware earlier in March. Prospects of a spot ETF are considered highly bullish due to the promise of institutional investment as seen with Bitcoin and Ethereum over the last year. At the time of writing, SUI was trading at $2.28, reflecting a 0.84% gain in the past day. Meanwhile, the asset’s trading volume has crashed by 31.69% indicating a decline in market participation. Notably, the altcoin is also down by 30.21% on its monthly chart due to a strong bearish influence over the past few weeks. Nevertheless, SUI remains a major headliner of the current cycle following an impressive price performance between Q4 2024 to early January 2025 where it surged to establish a new all-time high of $5.35. And with the cycle potentially far from over, certain analysts are backing the bullish potential of SUI describing the current downtrend as a good buying opportunity. Featured image from Boxmining, chart from Tradingview
Crypto analyst CW23 has revealed that the XRP price is hinting at a symmetrical triangle, which provides a bullish outlook for the crypto. However, he warned that a price crash could occur before XRP breaks out of this triangle and rallies to the upside. XRP Price Hints At Symmetrical Triangle In a TradingView post, CW23 revealed that a symmetrical triangle may be forming for the XRP price. This came as he noted that XRP is bouncing off the bottom of an ascending channel, with the pinbar candle on the 4-hour chart now in upward pressure having tested the bottom. The analyst added that the crypto will probably trade in this range for a while. Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation However, CW23 stated that a symmetrical triangle is forming and it could be a larger wave 4 pullback in the Elliot wave before wave 5 takes the XRP price to a new all-time high (ATH) to round out this year’s bull cycle. The analyst’s accompanying chart showed that XRP could drop to as low as $1.70 on wave 4. Meanwhile, the asset is projected to rally to a new ATH of $5 on wave 5. Crypto analyst ElmoX also recently predicted that the XRP price could witness a massive corrective and drop below $2 before it rallies to new highs. The analyst provided a more bullish outlook for XRP, predicting it could rally to as high as $20 in this market cycle. However, he warned that the crypto would face major resistance at $2.9 on its way to a new ATH. The Altcoin Has Finalized Its Correction In an X post, crypto analyst Dark Defender stated that the XRP price has finalized the correction on the four-hour time frame. He mentioned that XRP is expected to move towards $2.42 first considering the correction structures. The analyst also affirmed that the real move to the upside will start after XRP climbs above the Ichimoku clouds. Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor Dark Defender highlighted $2.22 and $2.04 as the support levels to watch out for while he stated that $4.2932 and $5.8563 are the targets which the XRP price could rally to. Crypto analyst CasiTrades highlighted the importance of the altcoin holding the support levels at $2.04 and $2.11. She added that a hold above either of these levels is critical to maintaining the consolidation. Meanwhile, the analyst revealed that the next resistance levels are $2.25 and $2.70, which happens to be the next breakout level. CasiTrades also assured market participants that the price is still bullish, indicating it is still well primed to reach new highs. At the time of writing, the XRP price is trading at around $2.24, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
The Dogecoin price has been under intense bearish pressure so far in 2025, falling a further 10% in the last seven days. However, a popular analyst on social media platform X has pointed out a bullish pattern that could see the meme coin break away to a new all-time high price. DOGE Price Persists In 11-Year Ascending Channel In a Feb. 21 post on X, crypto trader Ali Martinez put forward a fresh bullish outlook for the price of Dogecoin over the next few months. According to Martinez, the largest meme coin has been trading in an ascending triangle since 2014, with its price set to rally to a new record high of $4. The rationale behind this bullish projection is the formation of an ascending channel pattern on the Dogecoin price chart on the monthly timeframe. An ascending channel is a pattern used in technical analysis characterized by two primary (upward-sloping) trendlines; the upper line connecting the progressive swing highs and the lower line connecting the swing lows. Related Reading: Uniswap Price Surges Past $10 — Bullish Pattern Suggests Further 30% Gain The asset’s price usually trades within the ascending channel, with the upper trend line acting as a resistance area and the lower boundary line acting as support. An ascending channel pattern indicates the persistence of an upward price trend, with a breakout or breakdown used to pinpoint a potential trend reversal or continuation. Hence, investors can trade as the price oscillates between the pattern’s demand cushions and supply barriers or enter a position following a breakdown or breakout of the pattern. In the current scenario, the Dogecoin price appears to still be trading within the ascending channel after finding support and rebounding around the $0.19 level. Martinez highlighted that if this $0.19 support area holds and history repeats itself, the price of DOGE could surge to the upper resistance trendline around $4. This rally would represent an over 1,500% rally from the current price point. On the flip side, a breach of the $0.19 support could see the Dogecoin price drop to around $0.06. Interestingly, this bullish projection aligns with recent hypotheses in the market claiming that the altcoin season has already begun. While some of these theories postulate this current alt season will be selective, large-cap assets like Dogecoin will be expected to lead the charge. Dogecoin Price At A Glance As of this writing, the price of DOGE sits just above $0.24, reflecting an almost 5% decline in the past 24 hours. According to data from CoinGecko, the meme coin is down by more than 10% in the past week. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore Featured image created by DALL-E, chart from TradingView